Business & Economy

Component Repair Technologies in Mentor hasn't experienced a reduction in business due to COVID-19, but is experiencing challenges with state guidance, such as working from home or taking employees' temperature.
Google Earth

While Ohio schools, restaurants, and salons are among those closed to enforce social distancing, many manufacturers are still open for business.

Updated Monday, Mar. 30 at 1:37 p.m.

Ongoing event cancellations and business closures in the wake of the COVID-19 pandemic have thrust artists, music companies and behind-the-scenes entertainment workers into an unprecedented state of financial uncertainty.

Ohio Gov. Mike DeWine speaks as Ohio Department of Health Director Dr. Amy Acton (left) and Lt. Gov. Jon Husted look on.
Andy Chow / Ohio Public Radio

As public health officials urge people to stay home and away from gatherings of more than 10 people, there are some businesses that say they can't close unless they're ordered to do so. Gov. Mike DeWine says he hears those concerns.

Unemployment Insurance Claims Office sign
Bytemarks / Flickr Creative Commons

It probably comes as no surprise that unemployment claims in Ohio have skyrocketed this week as businesses continue to temporarily close and lay off workers to try to slow the spread of coronavirus.

Dave Hatfield is a barber and an independent contractor.
Courtesy of Dave Hatfield

Dave Hatfield is a barber, and his wife is a stylist. He says he was hit hard by news that Ohio would close all barbershops, beauty salons, tattoo parlors and spas.

Updated at 2:49 p.m. ET

Homeowners who have lost income or their jobs because of the coronavirus outbreak are getting some relief. Depending on their situation, they should be eligible to have their mortgage payments reduced or suspended for up to 12 months.

Updated at 10:13 a.m. ET

New claims for unemployment benefits climbed to 281,000 last week as the coronavirus pandemic shuttered businesses and left people out of work, the Labor Department said Thursday. It was the highest level since Sept. 2, 2017, when they totaled 299,000.

 Ohio Governor Mike DeWine gives an update at MetroHealth Medical Center on the state's preparedness and education efforts to limit the potential spread of a new virus which caused a disease called COVID-19, Thursday, Feb. 27, 2020, in Cleveland.
Tony Dejak / AP

Gov. Mike DeWine is laying out protocols for businesses while strongly recommending employers to take aggressive action when it comes to protecting the workplace against coronavirus.